Applications for GKP 2.0 from micro-SMEs exceed target - Zafrul

The Prihatin Special Grant (GKP 2.0) attracted more than 512,000 applications from micro small and medium enterprises (SMEs), far exceeding the initial target of 200,000 micro SMEs, said Finance Minister Tengku Zafrul Abdul Aziz.

The government reopened the applications for GKP 2.0 from Oct 1 to 30 with an allocation of RM600 million. Under the original GKP, more than 545,000 micro traders nationwide had benefitted, with total assistance given worth RM1.63 billion.